Overview

Overview

Overview

Overview

A brief introduction of Kiiper, its benefits, pricing and how it works.

What is Kiiper and what does it do?

Kiiper is a cloud-based solution that automatically extracts information from searchable bank statements and converts it into formats that can be easily imported into accounting software. This is convenient when automated bank feeds are not available or connected.

What are the benefits of using Kiiper?

Kiiper saves users time and effort by automating the import of bank statements into accounting software, improves the accuracy of imported transactions, and monitors bank reconciliation status (only available when using Xero).

Who should use Kiiper?

Kiiper can be used by small businesses, large enterprises, or accounting firms that use accounting software to track their own finances or the finances of their clients, and want to automate the process of converting bank statements into the compatible formats.

How does Kiiper work?

Kiiper integrates with Xero and QuickBooks to accelerate the bank accounts registration process. With other systems, bank accounts can be added manually. Once bank accounts are registered, searchable bank statements are imported into Kiiper and user can select the accounting software and specific format that they want to export the information to. Then, the format is manually imported into the accounting software.

What information is extracted from bank statements?
Kiiper extracts the following information from bank statements:
- Business name.
- Account number.
- Beginning and ending date.
- Beginning and ending balance.
- Transaction's date, reference, description and amount.
What are the different pricing plans for Kiiper?

Kiiper offers two types of pricing plans: on-demand purchases and monthly subscription plans.
On-demand purchases are ideal for businesses that need to convert a small number of bank statements on an ad hoc basis. The price per bank statement conversion is US$ 1.
Monthly subscription plans are ideal for businesses that need to convert a large number of bank statements on a regular basis. There are three subscription plans for businesses and three subcription plan for groups of businesses or accounting firms. The following table compares the different subscription plans:

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What security measures does Kiiper use to protect my business data?
Kiiper uses a variety of security measures to protect your business data, including:
- Access controls: Kiiper uses access control to ensure that only authorized users can access your business data. This includes using strong passwords and two-factor authentication.
- Encryption: Kiiper encrypts your business data at rest and in transit. This means that your data is protected even if it is intercepted by unauthorized individuals.
- AWS storage and backup: Kiiper stores your business data on Amazon Web Services (AWS), which is a world-class cloud computing platform. AWS uses a variety of security measures to protect your data, including encryption, access controls, and physical security.
What are the users' profiles and their privileges?
Kiiper handles three user profiles: Owner, Admin & Standard.

Owner: has the highest level of privileges and can do the following:
- Create, transfer, and cancel the subscription.
- Set up and change payment methods.
- Make on-demand purchases, subscribe to a plan and purchase additional conversions, and make changes in the subscription's plan.
- Create, edit, and/or delete users.
- Create, edit, and/or delete companies and company groups.
- Manage bank accounts, files and bank statements' conversions.

Admin: has a high level of privileges and can do the following:
- Set up and change payment methods.
- Make on-demand purchases, subscribe to a plan and purchase additional conversions, and make changes in the subscription's plan.
- Create, edit, and/or delete users.
- Create, edit, and/or delete companies and company groups.
- Manage bank accounts, files and bank statements' conversions.

Standard: has limited level of privileges and can do the following:
- Create, edit, and/or delete companies and company groups.
- Manage bank accounts, files and bank statements' conversions.